TWR - Tower Insurance.

[Rawz]

Some might say their premiums are excessive

But who cares …. thats the insured problem …I’m not feeling guilty

Yes my premiums are through the roof. Best way to sort that is to own your insurance company lol

[ronaldson]

Rawz - Today you are up to 2nd place in the 2024 stockpicking competition! Glory be to those who included TWR as a pick!

[Rawz]

Rawz - Today you are up to 2nd place in the 2024 stockpicking competition! Glory be to those who included TWR as a pick!

Glory to TWR!

Ive been saying buy TWR for awhile now

[Sideshow Bob]

Glory to TWR!

Ive been saying buy TWR for awhile now

Forget about the Findi horse for a bit......time to ride Tower to glory!!

[Leemsip]

Some might say their premiums are excessive

But who cares …. thats the insured problem …I’m not feeling guilty

Selling to willing market buyers at the current fair market price gif...

[Rawz]

Forget about the Findi horse for a bit......time to ride Tower to glory!!

TWR stands tall over all. The shining light of the NZX. Will see us through the darkness to come

Findi is in the naughty corner lol

[Lego_Man]

In a year's time when everyone has forgotten about the one year of crazy weather, this will be seen as a stock you have to own.

CPI data out today shows limited progress in NZ on taming core inflation, insurance companies are inflation proof unlike any other sector - beneficiaries of higher interest rates.

Wouldn't sell any of my holding for less than $1.50

[Rawz]

Looks like the buyers found the sellers at the 80-90cent range. Plenty have filled at various prices.

Most holders should be in the green or at least breakeven when looking at the 5 year chart. Peaked at 88cents May 2021 but assuming some dividends should be even.

Recent investors will be looking for $1+. Recent traders maybe looking to take their profits?

Personally I'm happy to hold for the huge dividend yield on my entry price and see where the re-rate takes us.

[Leemsip]

Nice call RAWZ. I have a full allocation as of yesterday. Think the up-leg has burned out now.

Traditionally Tower will drift demoralizingly lower on no news towards the gravity of 60c, but it does feel different this time. Happy to hold long term and see what happens...

[ronaldson]

Looks like the buyers found the sellers at the 80-90cent range. Plenty have filled at various prices.

Most holders should be in the green or at least breakeven when looking at the 5 year chart. Peaked at 88cents May 2021 but assuming some dividends should be even.

Recent investors will be looking for $1+. Recent traders maybe looking to take their profits?

Personally I'm happy to hold for the huge dividend yield on my entry price and see where the re-rate takes us.

I made a small trade first thing Tuesday via my Company and exited this morning.

But it's my second largest holding under other hats (behind ARG for pie dividend income) and these won't be dislodged given the longer term payoff prospects in spite of the inherent underlying risk of an extreme adverse event.